Earlier this month, five of the eight board members resigned from Postbank, however, the ministry of communications said they were fired over issues relating to awarding of contracts.
Postbank board walks out blaming Minister Mondli Gungubele's 'hostile treatment' iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
During a media briefing in Pretoria on Thursday, Communications Minister Mondli Gungubele and his Social Development counterpart, Lindiwe Zulu, explained the problems that prevented pensioners and those living with disabilities from accessing their money for over a week.
The South African government isn’t interested in selling its 40% stake in number three operator Telkom – in fact it may soon partner with Telkom on rolling out broadband products.